UFO Gaming Explained

The blockchain gaming sector has been on a tear over the past few months. Today, we will be looking at the UFO gaming ecosystem and the UFO token, one of the most traded gaming tokens on BitYard.

What is UFO gaming?

UFO gaming is a decentralised gaming platform that bridges traditional games into the blockchain and gives players the ability to earn when playing. The UFO gaming ecosystem, known as the dark metaverse is an ever-expanding realm that consists of P2E games, breedable in-game NFT’s, virtual land and a metaverse launchpad.

UFO Gaming aims to allow external gaming projects to enter the space through its launchpad or by bridging games into the blockchain. Each game in the UFO gaming ecosystem has its own governing planets, where individuals can purchase a piece of virtual land and earn revenue by completing specific tasks. The first planet and game that is being unveiled by the team is known as Super Galactic.

Super Galactic

Super galactic is an RPG/ Arcade/ARG style game that lets users battle and breed digital super soldiers (NFT’s). The super galactic game combines a decentralised auto battler game with an NFT collection and is built on the Ethereum Blockchain while integrated with the polygon network, ensuring low gas fees and transaction times. These digital super soldiers (NFT’s) are warriors that landed on a scavenged world with an alien race that destroys the peace of the world.

In order to play the super galactic game, users need these playable NFT characters. These NFT’s can only be minted by providing liquidity or staking in the form of the native UFO tokens for plasma points in the Super Galactic dApp. There is only 10,000 genesis NFT’s that will be minted and each will hold exceptional value over time.

Users who hold the NFTs then earn UAP, a token that can be exchanged in the market or be used for the breeding of the soldiers to produce the next generation, when completing daily quests. In simple terms, here is the flow of how the super galactic game works with the tokens involved:

Purchase UFO > Stake UFO or provide LP in UFO/ETH pool in Super Galactic dApp > Receive Plasma Points > Use Plasma Points to mint limited NFT’s > Do daily tasks to earn UAP > Sell UAP in the open market or breed NFT’s

The rating system for the characters and eventually the amount of UAP earned by individuals depends on how active the player is in the game. The more active player will receive a better rating, leading to more UAP earned. Super Galactic will also have its own NFT marketplace where the players will be able to trade weapons, characters and other in-game assets with UFO.

Tokenomics of UFO Gaming

UFO gaming adopts a 2 dual token system consisting of the UFO token and the UAP token. Following are the use cases of both of these tokens:

• UFO Token — Used as the primary token for the UFO ecosystem and is used for the governance in the DAO to influence the metaverse. The token plays a key role in the upcoming super galactic game release due to the staking and LP aspect. Total supply of 51,515,151,515,515 in which half of it (est $467,242,424 in value today) has been already burned forever during the initial phase.

UFO Token Information

• UAP Token — Used to purchase, trade and breed NFT’s and is obtained by playing the Super Galactic Game

Both the UFO and UAP tokens can be exchanged on the open market.

Team and Roadmap

The team consists of game developers who have worked in the gaming industry for 6 years, most of whom have been in the crypto space since 2014. The team is currently anonymous and claim that they are long term driven and aim to build UFO gaming to the frontier of the blockchain gaming.

The team has achieved their promises as far as the roadmap goes so far and has some ambitious plans lined up for the next few months of Q1 2022.

Token Price

The main token of UFO gaming, $UFO has been up 2684.32% since its launch in mid-2021 and ranks 187 among all cryptocurrencies.

Buy UFO on BitYard today!

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